Summary
CRH Public Limited Company (CRH) filed an 8-K report on October 27, 2011, primarily to disclose a transaction involving its own shares. The company re-issued treasury shares to a participant in an employee share scheme. This transaction involved 8,484 Ordinary Shares transferred at a price of €11.8573 per share. This filing is important for investors as it impacts the number of shares outstanding and the company's treasury stock position. The re-issuance reduces the treasury stock and increases the number of shares in circulation, which can have a minor effect on earnings per share calculations and overall share count. While a relatively small transaction in the context of CRH's total shares, it's part of CRH's ongoing share management and employee incentive programs.
Key Highlights
- 1CRH Public Limited Company (CRH) filed an 8-K on October 27, 2011.
- 2The filing details the re-issue of treasury shares.
- 38,484 Ordinary Shares were transferred to an employee share scheme participant.
- 4The transaction price was €11.8573 per Ordinary Share.
- 5Following the transaction, CRH holds 8,988,819 Ordinary Shares in Treasury.
- 6The total number of Ordinary Shares in issue (excluding treasury shares) is 718,909,087.